Two of the best current pound for pound boxers around. Ade adedoyin is in las vegas. You have had quite a roll of honour of gu ests you have had quite a roll of honour of guests for us this week so far. Yes. Welcome to the media centre. It has been a hugely anticipated bout that has attracted boxing dignitaries past and present. Now, these two are fighting for your old veldt, kelly. These last few days before a fight, what is that like mentally . It is stressful. There unnerves. For me, towards the end of my middleweight career it was a problem. We had to watch our skill set. The press, interviews, everything else. That gives you a burden. You are hungry, tired, working out while drying out. It is a pain sometimes and sometimes you like that. The leader is demanding on the person and it is tiring but thatis on the person and it is tiring but that is part of the sport. The next time they meet each other will be on friday at the way in. What is it like in there . Do you try and score a p
What should you do with your portfolio . Well tell you. But first, we start with trump tweeting and the market listening. After calling out boeing last week, trump took on lockheed marin this morning, saying the costs are out of control. Billions of dollars can and will be saved on military and other purchases after january 20th. The stocks paid attention. Lockheed pulling nearly 3 . Northrop grummond, General Dynamics. Who could trumps next target be . First of all, on defense. Guy, investable or not . Yeah, i think its ininvestable. When he went after carrier, obviously the united technologies, one of the things we said was, they were in the crosshairs now, hell move on to the next target. United technologies, by the way, made a 52week high and closing on levels we slaft saw a yearandahalf, two years ago. Following in the after market, what is an alltime high. And i think the same thing is going to happen with lockheed martin. In the case of lockheed, it might take longer. This is a
This morning. The dow logging another record high as it marches toward 20k. Day one of that fed meetinging. President elect trump announcing exxon mobil chairman and Ceo Rex Tillerson as his pick for secretary of state. Plus, microsoft cofounder bill gates speaks out. Trumps policies on trade, relations with china, Interest Rates, and a lot more. But first up, the march towards 20,000 continues. The dow is on track to open trading at an alltime high one day after posting its 15th record closing high since the election. We also have the fed kicking off the twoday meeting, many expecting it to result in a rate hike tomorrow. Jim, i assume theres no doubt in your mind about that. No. And i think that the banks have to have it. We saw the banks waivever. This is not an all trump stock day. We got china, good numbers. Italy, major recapitalization. I think there was another time this market would be up huge just recognizing these italian banks are getting their act together. Im worried abou
People to look at the market, maybe for the first time in quite some time. So if nothing else, it gets peoples eyeballs on the market. To answer your question, i still think there are sectors. And health care has been underloved for a number of Different Reasons, all of which make sense. But also on valuation, a lot of big cap phrma makes sense here. And i believe the technology which is under some pressure over the last couple weeks is now coming back with a vengeance and i do think there is some opportunities there, as well. Dan, where do you fall on this . Large cap phrma is probably a good spot. They got an initial pop right after the election and gave a lot back there. If youre looking for the yield, looking for a bit of defensiveness. There is a lot of political stuff wrapped in there, but also decent valuation. That suppospace looks interesti me. Im scared of health care, pete. Tell me why i shouldnt be scared of heart attack. The political winds are against it. Its been cheap f
We are inches away from the record. Futures steady as we wait for the fed at 2 00. Tech titans will meet with donald trump today at trump tower. Were going live to midtown manhattan, watch them as they walk in. Two new names officially announced to take a spot in goldman. More on the changes. First, 89 points, thats how much it will take for the dow to hit 20k. The blue chips coming off their 16th record closing high. S p and nasdaq hitting record territory. All aed head of the feds rate announcement at 2 00. Live coverage will begin right here on cnbc at that time. We will get the forecast. Well get the dot plots and the q a. I have to tell you that Interest Rates are down today. You can see how this market is changed. Oil is not up. Interest rates are down. The futures are not higher. The banks have a lot of people feel like that the banks are the ones for this rate hike. Even the rate hike is now baked in or maybe feel that some people feel the economy has peaked out for the moment.